German Banks ‘Stable’, Dexia-Style Problems Unlikely, BdB Says

Oct. 6 (Bloomberg) -- Germany’s commercial banks are in a
“stable” condition and it’s unlikely that the debt crisis will
deprive a German lender of its ability to obtain funding as
happened to Dexia SA, said Michael Kemmer, managing director of
bank lobby group BdB on Deutschlandfunk.

Dexia is probably a “special case” because of its
exposure to European government bonds, Kemmer said today on the
broadcasting network. Kemmer said the volume of interbank
lending in Germany has declined “markedly.”